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Forex
NZD/USD hovers below 0.5750 despite upbeat trade data from China
NZD/USD remains capped below 0.5750 after pulling back from 0.5780 highs on Tuesday. The upbeat Chinese Trade Balance has failed…
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Forex
EUR/GBP trades lower as Pound strengthens on BoE comments ahead of UK GDP data
EUR/GBP trades lower around 0.8660 as the Pound Sterling strengthens ahead of UK GDP data. The Euro remains supported by…
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Banks
USD/JPY rally accelerates as election risk returns – ING
There seems to be no way of stopping the USD/JPY rally. Speculation of snap elections is mounting, and the return…
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Banks
GBP/USD: Major support at 1.3390 is unlikely to come under threat – UOB Group
Pullback has scope to extend; the major support at 1.3390 is unlikely to come under threat. In the longer run,…
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Markets
Gold trades near $4,650 as Fed rate cut bets, safe-haven demand rise
Gold recorded a record high of $4,639.77 on Wednesday. The non-interest-bearing Gold attracts buyers as softer US inflation fuels growing…
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Banks
USD: Soft core CPI eases tariff fears but Fed seen on hold – OCBC
December’s softer-than-expected US core CPI suggests tariff-driven inflation pressures may be fading, but shutdown-related distortions leave markets confident the Fed…
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Markets
Pound Sterling trades higher ahead of key UK GDP data
The Pound Sterling outperforms its major peers ahead of the UK monthly GDP data on Thursday. BoE’s Taylor expects monetary…
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Banks
EUR/USD: A break below 1.1615 appears unlikely – UOB Group
Slight increase in downward momentum could lead to Euro (EUR) edging lower, but a break of 1.1615 appears unlikely. In…
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Banks
USD: US-Greenland talks offer limited but positive risk relief for EUR – ING
A US delegation led by JD Vance and Marco Rubio meets Danish and Greenlandic officials today, but markets have so…
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Markets
WTI holds losses below $60.50 as Venezuela resumes exports, US stocks rise
WTI slips as Venezuela begins reversing Oil production cuts imposed during the US embargo. Two supertankers departed Venezuela carrying about…
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IPC Index — Mexico Market